AIG - The first 8 years were great but post 2008 bailout was Hell until my business unit was shut down recently. | Glassdoor
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"The first 8 years were great but post 2008 bailout was Hell until my business unit was shut down recently."

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Vice President in New York, NY
Former Employee - Vice President in New York, NY
Doesn't Recommend
Approves of CEO

Pros

Huge global reach offering opportunities throughout the financial services sector. Instant brand recognition throughout the world. World leader in insurance offerings.

Cons

2008 bailout effectively destroyed brand reputation. Sale of key business units to repay the government shrunk the company and eliminated some of its critical competitive advantages. Internal atmosphere still is negative and financial decision-making controlled by the Fed/Govt. Future outlook remains uncertain.

Advice to Management

Remove the remaining management that had key responsibilities for the AIG crisis.

Other Employee Reviews for AIG

  1. "It was a great company to work for when I first started."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Accountant II in New York, NY
    Former Employee - Accountant II in New York, NY
    Doesn't Recommend
    No opinion of CEO

    Pros

    Largest and most recognizable insurance company.

    Cons

    Associated with the 2008 bailout.

    Advice to Management

    Be more clear as to where the company is headed.


  2. "Very solid per 2008. Disorganized and rudderless since."

    Star Star Star Star Star
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Disapproves of CEO

    Pros

    You can easily succeed by just being above average. If you like being pigeon holed for you entire career it's great. Also if you have no ambition this is the place.

    Cons

    Blatant favoritism, No stock. Bad review process. No salarie increases. Poor benefit packages.

    Advice to Management

    Say what you mean and mean what you say.

There are newer employer reviews for AIG
There are newer employer reviews for AIG

See Most Recent

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